File photo of workers on the assembly line at a High Liner Foods plant in Lunenburg, N.S.
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StockReports+ gives each stock an average score that combines the quantitative analysis of six widely-used investment decision-making tools: earnings, fundamentals, relative valuation, risk, price momentum and insider trading.
High Liner Foods Inc.
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Average score: 6.
HLF's current score is relatively in-line with the market. It has been on a negative trend from 8 to 6 over the past 10 weeks. The recent change in the average score was primarily due to a decline in the price momentum component score.
Earnings 1.
Over the past 90 days, the consensus price target for HLF has decreased notably from $19.60 to $16.90, down 13.8 per cent. On 02/17/16, the company announced quarterly earnings of 0.26 per share, a negative surprise of 6.1 per cent below the consensus 0.28. Over the past 4 quarters, the company has reported 1 positive, 3 negative, and 0 in-line surprises. The average surprise for this time period has been –18.1 per cent.
Fundamental 9.
This is significantly more bullish than the Food & Tobacco industry group average of 6.9. HLF's net margin of 2.5 per cent is substantially above the Food & Tobacco industry group average of –0.4 per cent. HLF's days of sales in inventory of 120.5 is substantially longer than the Food & Tobacco industry group average of 69.8.
Relative valuation 10.
High Liner Foods Inc currently has a Relative Valuation Rating of 10, which is significantly above the S&P/TSX Composite index average rating of 4.8. HLF's Price to Sales, Trailing P/E, and Forward P/E multiples are all significantly below (less expensive than) their 5-year averages. Based on Price to Sales, HLF currently trades at a 60 per cent Discount to its Food & Tobacco industry group peers. On average, the company has traded at a 47 per cent Discount over the past five years.
Risk 9.
High Liner Foods Inc currently has a Risk Rating of 9 while the S&P/TSX Composite index has an average rating of 7.9. On days when the market is up, HLF shares tend to lag the S&P/TSX. However, on days when the market is down, the shares generally decrease less than the index. In the short term, HLF has shown low correlation with the S&P/TSX Composite index.
Price momentum 1.
The Price Momentum Rating for High Liner Foods is at its 3-year low of 1. HLF shares are currently trading 15.9 per cent below their 50-day moving average of 14.84, and 27.9 per cent below their 200-day moving average of 17.31.
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